S P Setia to buy rest of Setia Federal Hill for RM431.89m
KUALA LUMPUR (March 9): S P Setia Bhd yesterday entered into a sale and purchase agreement with Mekar Gemilang Sdn Bhd to acquire the remaining 50% stake in Setia Federal Hill for RM431.
DRB-Hicom swaps real estate for tracts in Tebrau
KUALA LUMPUR (March 9): DRB-Hicom Bhd intends to swap its real estate, including land and a golf resort in the Klang Valley, with its controlling shareholder Tan Sri Syed Mokhtar al-Bukhary (pictured) for industrial land in Tebrau, Johor, and RM288.
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Penang has offered affordable housing to 41,114 eligible applicants since 2013, says state govt
PETALING JAYA (March 8): The Penang state government has to date offered affordable housing to 41,114 eligible applicants since 2013, said state exco Jagdeep Singh Deo in a report by the Malay Mail Online.
No discount given to Indonesian firm for sale of TRX land, says MoF Inc
KUALA LUMPUR (March 8): The Minister of Finance Inc (MoF Inc) said today no discount was accorded to Indonesia's Mulia Group when the latter bought a 3.
Australian served RM98.3m legal demand by Malaysian “political operative” over failed property deals
PETALING JAYA (March 8): A former Australian civil servant has received a letter of demand for over A$20 million (RM60.
EcoWorld aware of women's influence in the workplace
KUALA LUMPUR (March 8): Property developer Eco World Development Group Bhd (EcoWorld) held its third instalment of the EcoWorld Women's Summit today.
Third-tier shopping mall performance may worsen, says REIT manager investment head
PETALING JAYA (March 8): Axis REIT Managers Bhd head of investment Siva Shanker expects the performance of third-tier shopping malls to worsen, with these spaces eventually becoming store rooms for e-commerce businesses, if they do not stay relevant.
